Portland Home Prices Outpace Nation

Case Shiller is a few months behind.  So when they release their data, we never learn too much about pricing in our area.  However, it is interesting to compare prices in Portland MSA (includes Vancouver) with the rest of the nation.

The above chart indicates that Portland price increases are out-pacing the rest of the Nation.  They were rising together until about the end of 2013.  Then Portland prices accelerated while National prices decelerated.

Home prices in Portland have exceed 2007 peak levels.  Nationwide, home prices remain below the peak achieved in 2006.

The next chart breaks the Portland market down to look at the low and high price tiers.


Prices of lower prices homes in Portland are increasing much rapidly more than higher priced homes.  However, all are increasing rather rapidly.  And all price levels have exceed 2007 peak levels.

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